First U.S. nuclear reactor built from scratch in decades enters commercial operation in Georgia::ATLANTA — A new reactor at a nuclear power plant in Georgia has entered commercial operation, becoming the first new American reactor built from scratch in decades.
Except those reactors are off 30-50% of the time due to shoddy construction, €1.5/W in 2023 money is pure fiction, and overnight costs with free capital aren’t real costs once you adjust for inflation and stop cherry picking the first reactors before negative learning rates kicked in.
Except those reactors are off 30-50% of the time due to shoddy construction
For French nuclear power, the lowest load factor ever recorded is 54% in 2022. The cause is the number of maintenance operations postponed because of COVID, plus a corrosion problem detected on several reactors of the same generation, which have since been repaired.
- This is an extremely unlikely combination of circumstances, on the one hand
- On the other hand, it wouldn’t have had any consequences if we’d had more redundancy, and hadn’t suddenly stopped building reactors for 25 years.
- Despite this, nuclear power still has a load factor 2x higher than French wind or solar power.
The rest of the time, the load factor of French nuclear power hovers around 70-75%, and that’s not due to bad design, it’s a strategy. I’ll let you read this link to learn more.
€1.5/W in 2023 money is pure fiction
Of course it does. But the fact is that french nuclear power has paid for itself dozens of times over. It’s factual, it’s historical.
and overnight costs with free capital aren’t real costs once you adjust for inflation and stop cherry picking the first reactors before negative learning rates kicked in.
Yes it was a “strategy” for EDF to go tens of billions into debt, and the other 30-50% of french power infrastructure is there just for fun. These mental gymnastics are incredibly tiresome.
Responding to sarcastic, disrespectful and immature one-liners from someone obviously ignorant on the subject is neither exciting nor productive, so I’ll just throw out a few points in response to your last comment without bothering to expand on them and then move on.
- With the exception of 2010, EDF made a net profit of 2 to 5 billions a year between 2005 and 2021.
- EDF and its predecessors were public bodies, and were forced by the State to take over unprofitable activities.
- ARENH
- Tariff shield + European gas-indexed electricity market
